2023-02-012024-01-312024-01-31false12418946OAKWOOD BAY PROPERTIES LTD2024-02-21iso4217:GBPxbrli:pure124189462023-02-01124189462024-01-31124189462023-02-012024-01-31124189462022-02-01124189462023-01-31124189462022-02-012023-01-3112418946bus:SmallEntities2023-02-012024-01-3112418946bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3112418946bus:AbridgedAccounts2023-02-012024-01-3112418946bus:PrivateLimitedCompanyLtd2023-02-012024-01-3112418946core:WithinOneYear2024-01-3112418946core:AfterOneYear2024-01-3112418946core:WithinOneYear2023-01-3112418946core:AfterOneYear2023-01-3112418946core:ShareCapital2024-01-3112418946core:SharePremium2024-01-3112418946core:RevaluationReserve2024-01-3112418946core:OtherReservesSubtotal2024-01-3112418946core:RetainedEarningsAccumulatedLosses2024-01-3112418946core:ShareCapital2023-01-3112418946core:SharePremium2023-01-3112418946core:RevaluationReserve2023-01-3112418946core:OtherReservesSubtotal2023-01-3112418946core:RetainedEarningsAccumulatedLosses2023-01-3112418946core:LandBuildings2024-01-3112418946core:PlantMachinery2024-01-3112418946core:Vehicles2024-01-3112418946core:FurnitureFittings2024-01-3112418946core:OfficeEquipment2024-01-3112418946core:NetGoodwill2024-01-3112418946core:IntangibleAssetsOtherThanGoodwill2024-01-3112418946core:ListedExchangeTraded2024-01-3112418946core:UnlistedNon-exchangeTraded2024-01-3112418946core:LandBuildings2023-01-3112418946core:PlantMachinery2023-01-3112418946core:Vehicles2023-01-3112418946core:FurnitureFittings2023-01-3112418946core:OfficeEquipment2023-01-3112418946core:NetGoodwill2023-01-3112418946core:IntangibleAssetsOtherThanGoodwill2023-01-3112418946core:ListedExchangeTraded2023-01-3112418946core:UnlistedNon-exchangeTraded2023-01-3112418946core:LandBuildings2023-02-012024-01-3112418946core:PlantMachinery2023-02-012024-01-3112418946core:Vehicles2023-02-012024-01-3112418946core:FurnitureFittings2023-02-012024-01-3112418946core:OfficeEquipment2023-02-012024-01-3112418946core:NetGoodwill2023-02-012024-01-3112418946core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3112418946core:ListedExchangeTraded2023-02-012024-01-3112418946core:UnlistedNon-exchangeTraded2023-02-012024-01-3112418946core:MoreThanFiveYears2023-02-012024-01-3112418946core:Non-currentFinancialInstruments2024-01-3112418946core:Non-currentFinancialInstruments2023-01-3112418946dpl:CostSales2023-02-012024-01-3112418946dpl:DistributionCosts2023-02-012024-01-3112418946core:LandBuildings2023-02-012024-01-3112418946core:PlantMachinery2023-02-012024-01-3112418946core:Vehicles2023-02-012024-01-3112418946core:FurnitureFittings2023-02-012024-01-3112418946core:OfficeEquipment2023-02-012024-01-3112418946dpl:AdministrativeExpenses2023-02-012024-01-3112418946core:NetGoodwill2023-02-012024-01-3112418946core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3112418946dpl:GroupUndertakings2023-02-012024-01-3112418946dpl:ParticipatingInterests2023-02-012024-01-3112418946dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3112418946core:ListedExchangeTraded2023-02-012024-01-3112418946dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3112418946core:UnlistedNon-exchangeTraded2023-02-012024-01-3112418946dpl:CostSales2022-02-012023-01-3112418946dpl:DistributionCosts2022-02-012023-01-3112418946core:LandBuildings2022-02-012023-01-3112418946core:PlantMachinery2022-02-012023-01-3112418946core:Vehicles2022-02-012023-01-3112418946core:FurnitureFittings2022-02-012023-01-3112418946core:OfficeEquipment2022-02-012023-01-3112418946dpl:AdministrativeExpenses2022-02-012023-01-3112418946core:NetGoodwill2022-02-012023-01-3112418946core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3112418946dpl:GroupUndertakings2022-02-012023-01-3112418946dpl:ParticipatingInterests2022-02-012023-01-3112418946dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3112418946core:ListedExchangeTraded2022-02-012023-01-3112418946dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3112418946core:UnlistedNon-exchangeTraded2022-02-012023-01-3112418946core:NetGoodwill2024-01-3112418946core:IntangibleAssetsOtherThanGoodwill2024-01-3112418946core:LandBuildings2024-01-3112418946core:PlantMachinery2024-01-3112418946core:Vehicles2024-01-3112418946core:FurnitureFittings2024-01-3112418946core:OfficeEquipment2024-01-3112418946core:AfterOneYear2024-01-3112418946core:WithinOneYear2024-01-3112418946core:ListedExchangeTraded2024-01-3112418946core:UnlistedNon-exchangeTraded2024-01-3112418946core:ShareCapital2024-01-3112418946core:SharePremium2024-01-3112418946core:RevaluationReserve2024-01-3112418946core:OtherReservesSubtotal2024-01-3112418946core:RetainedEarningsAccumulatedLosses2024-01-3112418946core:NetGoodwill2023-01-3112418946core:IntangibleAssetsOtherThanGoodwill2023-01-3112418946core:LandBuildings2023-01-3112418946core:PlantMachinery2023-01-3112418946core:Vehicles2023-01-3112418946core:FurnitureFittings2023-01-3112418946core:OfficeEquipment2023-01-3112418946core:AfterOneYear2023-01-3112418946core:WithinOneYear2023-01-3112418946core:ListedExch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OAKWOOD BAY PROPERTIES LTD

Registered Number
12418946
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

OAKWOOD BAY PROPERTIES LTD
Company Information
for the year from 1 February 2023 to 31 January 2024

Directors

TURNER, Paul
TURNER, Emma

Registered Address

22 A'Beckets Avenue
Aldwick Bay Estate
Bognor Regis
PO21 4LX

Registered Number

12418946 (England and Wales)
OAKWOOD BAY PROPERTIES LTD
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3803,201803,201
803,201803,201
Current assets
Cash at bank and on hand19,60224,259
19,60224,259
Creditors amounts falling due within one year4(10,720)(9,963)
Net current assets (liabilities)8,88214,296
Total assets less current liabilities812,083817,497
Creditors amounts falling due after one year(754,591)(765,418)
Net assets57,49252,079
Capital and reserves
Called up share capital22
Profit and loss account57,49052,077
Shareholders' funds57,49252,079
The financial statements were approved and authorised for issue by the Board of Directors on 21 February 2024, and are signed on its behalf by:
TURNER, Paul
Director
Registered Company No. 12418946
OAKWOOD BAY PROPERTIES LTD
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from rentals is recognised only when the month is paid for that the client occupies dwelling.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Investment property, which is held to earn rentals and/or capital appreciation, is initially recognised as cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in the profit and loss.
2.Average number of employees

20242023
Average number of employees during the year00
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 February 23803,201
At 31 January 24803,201
Net book value
At 31 January 24803,201
At 31 January 23803,201
The investment properties were valued on an open market basis on 31st January 2024 by the directors.
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables8,1907,890
Taxation and social security1,270813
Accrued liabilities and deferred income1,2601,260
Total10,7209,963
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.